St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-30
YESTERDAYS MARKET.
0n the Chicago Board of Trade Wheat Was
Dull Throughout the Entire
Session.
About All the Speculative Deals That
We're Undertaken We're of a Scalp
ing Nature.
The Close Was Easier, Showing a
Fractional Break From Nom
days Figures.
Transactions in the Financial Circles
of Wall Street. General
Quotations.
Special TO the Globe.


CHICAGO, March 29.--Ths market is rapidly
assuming bulliSh tone. This is not evil
oeuced so much by the little advance which
has occurred since May wheat dropped to
Isl sc, as by the altered tone of the gossip,
and, more than ALL by the fact that the wheat
bulls now sftener intervene 10 sell on the
rallies Than 10 buy on the breaks. The belt
of unseasonably cold weather moved
little north to-day, so that the freez-
ing belt was not so far south as
yesterday. The signal service also pre-
dicted higher temperature and south
erly winds. This and quite heavy receipts
. started wheat this morning &c under last
nights close at size. There are iunumerable
efforts being made TO arrive ut the amount of
wheat which the clique holds. A gentleman
from Cincinnati, who is good terms with
the Fidelity bank crowd and who is a discreet
and unimaginative talker, says that the Gin
cinnat people themselves claim that they
A hold 50,000,000 bushels of wheat This claim
was made by them last Saturday. This Is
GOOD DEAL LARGER
holding than is figured on by anybody here.
The authority, however. has this advantages:
1t is the figure the Cincinnati people them
selves give. not for publication or 10 affect
the market, but incidentally in the course of
cursory conversation with business man
who had an interest in the market. If this is
the Cincinnati holding, what is TO become of
the shorts who will wake some day in April
little suspicious of the looks of the deal and
cover? In corn the bulls are eXpatiating
upon the details OF that government report
which was sent out briefly early in the month
Warm weather will affect this grain more
than wheat. Especially will this be the case
II the receipts continue as liberal as they have
been. AS the situation now is, great lot of
little operators are loaded up with the grain
and waiting for the interstate law 10 make
them profit. 1t is not at all likely
that the new law will make any material
TN h11ti In iS triIn
farmers think that the law will and are hurry
ing corn in here. If the arrivals should sud-
denly stop off after April the market would
bull itself but if. as is likely to he true, the
arrivals OF delayed corn are larger up TO
April Is than before the little bulls will as
suredly get tired out. Then might come
speculative REIMBURSEMENT that would put the
big men on the long side and the little men
on the short side and corn might make big
profit
The ROUTINE REPORT.
CHICAGO. March 29.-Wheat was dull to-day
throughout the session, practically the only
speculative trading that was done being of Il
scalping nature. The close was easier. show
ing Il break of 14Gl1ae over final prices of
yesterday Further declines were prevented
by cold and stormy weather in different parts
OF the country. and by the influence of the
bull element. At eight Western points the
receipts were 1000 bu, and the shipments
100 GOO bu May wheat sold at S1s60S1$4c,
prices. Corn aud oats showed no material
change from yesterday. In provisions the
only interest exhibited was in short ribs,
which showed an advance of 71@@10c over
yesterdays close.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. =. March, opened at 76c, closing
at 16l4c; May. Size, closing at S1ssc;
June, S07sc, closing ut S07sc; July, S03sc,
closing at S014c. Corn-No. ?. March, 341ac,
closing at 3414c; May, seize, closing at 3912c;
June. 402S@4015c, closing at 401sc: july, 413sc,
closing at 4113c. Oats-No. 2, March, 237sc.
closing at 235sc; May, 2S$a@2S7sc, closing ut
IS 9-16c; June, 29c, closing al % l5-l6c. Mess
pork, per barrel-March, $50 so, closing ut
S2D60; May. $2l, closing ut SCI; June, S2l,
closing at So. Lard, per 100 pounds-March,
S1.4219, closing at $T.3J: May, $50, closing at
$7.41; June, SOD closing at $3.50. Short
al SOL; May. 1927, closing at Ss121a@S.15;
June. $S.3212, closing at 1929.
Cash quotations were as follows: Flour de-
mand continues, prices unchanged. Wheat
No. . spring. T9c; No. spring, f5c: No red,
.9c. Oats-No. 2, 21%c. Rye-No 2, Size.
Barley--No. ., TO sales. Flax seed, No. l,
S1.OS. Timothy seed, prime, Sl.1O01.I7. Mess
pork. per Dbl. $40. 25@20.50. Lard, per 100 lbs,
S1.371z. Short rib sides, loose, SSGS.05; dry
sailed shoulders, $60625; short clear sides,
boxed, sS.40@S.50. Whisky, per gal, Sl.1S.
Sugar-Cut loaf, 6Ac; granulateG, SIC;
standard A, 53sc Receipts-Flour, $4,000
bbls; wheat, 10000 bu; corn, 269, 00e blu: oats,
17-,000 bu; rye, 1000 bu barley, 10000 bu.
Shipments-Flour, sc, 600 bbls; wheat, Il, 900
bu: corn, 1851 600 bu: oats, 100000 bu: rye,
1000 bu; barley, 10000 bu. On the produce
exchange to-day the butter market was fairly
active: creamery. 26G30c per ID; dairy, TO
2Ic Eggs, 11@111ac per doZ.